Post by
mercedesman on Apr 12, 2023 5:33pm
UPdate
Bihl and Stevens just doubled their DSU's (last week)
After buying in at .40 (with warants) - they must like what they see coming down the pike (pipe? - I never know).
$ 17mm needed (under new timelines per BM) with a big chunk likely to come from Baxter. This assumes no early stoppage.
Trial costs up, but Dialco costs down.
Dead money will be stocks in general over the next 6 - 12 months. Look for Recession proof stocks (e.g late stage Healthcare and Golds)
Comment by
BayStreetWild on Apr 12, 2023 6:02pm
You mean averaging down with free shares? they don't pay for DSU... they're given for free at specific time periods for "work".
Comment by
BayStreetWild on Apr 13, 2023 8:48am
Hey how does that work again, you're a math guy.. let's say you buy 100 000 shares at 30 cents... and then the company gifts (or grants or whatever) you another 100 000 shares... what's your cost basis for those 200 000 shares?
Comment by
BayStreetWild on Apr 12, 2023 8:16pm
Dead money most certainly won't be in Copper, Lithium, Precious Metals... anywhere but here. just my opinion.
Comment by
mercedesman on Apr 13, 2023 8:59am
You need to have some hold and silver in hand, but I like the leverage you get from miners. Re: copper - did well with Ivanhoe with first buys below $1 Still have some copper plays but once the market anticipates the coming recession it'll languish for a bit - but medium to long term, mostly agree.